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Aug 04, 2014

Federal Surface Transportation Reauthorization: A Temporary Detour

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Facing the imminent bankruptcy of the federal Highway Trust Fund (the “HTF”) and the specter of delays and reductions in payments from the HTF to the States, the US Congress last week passed the Highway and Transportation Funding Act of 2014, which extended federal surface transportation programs and funding through May 2015. We summarize in the attached the key elements of the Act.

View full memo, Federal Surface Transportation Reauthorization: A Temporary Detour

Authors and Contributors

Paul Epstein

Partner

Project Development & Finance

+1 212 848 5266

+1 212 848 5266

New York

Cynthia Urda Kassis

Partner

Project Development & Finance

+1 212 848 7969

+1 212 848 7969

New York